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Monday, 08/03/2015 2:26:32 AM

Monday, August 03, 2015 2:26:32 AM

Post# of 90877
Pro-Life posted another outstanding video on one of his other boards.

It’s a fairly long video worth watching all the way through, but there was a great statement that I took away from it.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=115868055

"The economic laws and forces that God has made, may be suspended for a time, but they cannot be negated and they cannot be nullified. They will re-assert themselves in ferocious ways, and governments and banks are ultimately powerless to stop them."

It struck a chord with me because I heard John Hofmeister, a former president at Royal Dutch Shell say something very similar about a year ago in regards to oil.

OPEC is estimated to be burning through $200M in currency reserves a year at these oil prices.

Looks like it will be a tough week for $WTIC and related stocks and funds, but there is a bottom bounce somewhere on the horizon.

I like metals and think they could start drifting higher from here, but am still liking equities even better for now.

Just my thoughts while I am wrapping things up and I am probably wrong.

Have a great week everyone.

IMO and FWIW.

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